I have tested hundreds of moving average systems, and what I have come up, a moving average is no different than a trendline, some show good stopping and others not so much. The Hull is by far in my backtesting of what I was testing to be one of the worst of the averages as it turns after the fact too fast which always means way too many trades and too many losses. I have found slower EMAs work best for me, I want that lag so it won't allow me to take the very iffy trades.
Trading will always come down to skills you learn with what you are using whether EMAs, trendlines, price action, indicators or combo.
Money management(where the profits are at), for myself, based on times of the day(3 sessions), volatality, when a signal should not be taken, when a signal showing to double up contracts, how long till you either take profit- go to breakeven- make new target breakeven, what is price action saying, what is ten day average of day session range, where are we at in this range, what is volume showing, whats the DOME showing to not take a trade or when to go for extended profits, where are trendlines on 60 minute/daily/weekly charts?
I am a scalper, so 90% are targets of $100 in almost all instruments in futures, doesn't test out well for me to make larger targets over long run, am not a homerun trader for day trading under 60 minute timeframe-leave that for long term trading of stocks and commodities. The more trades you take means you have to be going for smaller and smaller targets, less trading will allow you to go for 1-2 of the bigger moves a day if you can read the price action and sit on your hands.
One of the biggest problems of using TA, those who try to use it have no clue of Pro's and Con's of the indicator they trying to use. Just watch it for a month and only it, find what it is doing and why. Too many people don't have clue what the price action is doing and why, by studying more of the whys, you can understand more of how to make consistent profits. I always keep a one minute chart and cram as many bars into a smaller chart and you can see the swings better.
